How Strung-Out Are Households with their Debt Service & Financial Obligations as the Miracle of Free-Money Fades?
by Wolf Richter, Wolf Street: Looks like households have lots of fuel left to throw on inflation, if they’re in the mood. What is the burden on households from servicing their debts and other financial obligations, in terms of their disposable income? That’s perhaps the most important debt measure, and the question we’re going to […]